Ryder takes over local firm Ascent Logistics [SINGAPORE] As a sign of consolidation in the local logistics industry, US-based multinational Ryder System Inc has acquired homegrown supply chain company Ascent Logistics.
M'sian ports will gain from Li Ka-shing's interest
PSA to develop, operate container terminal in Brunei
Hutchison to develop new box terminal in UK
Evergreen in LT row, expansion continues
Ship sales
Port shots
Air and Land Transport
China's airlines quick to talk merger but slow to act [SHANGHAI] Despite a flurry of merger announcements in China's fragmented aviation industry since regulators urged consolidation, analysts say real progress in building strong carrier groups is still about two years away.
Ryder takes over local firm Ascent Logistics [SINGAPORE] As a sign of consolidation in the local logistics industry, US-based multinational Ryder System Inc has acquired homegrown supply chain company Ascent Logistics.
M'sian ports will gain from Li Ka-shing's interest
PSA to develop, operate container terminal in Brunei
Hutchison to develop new box terminal in UK
Evergreen in LT row, expansion continues
Ship sales
Port shots
Air and Land Transport
China's airlines quick to talk merger but slow to act [SHANGHAI] Despite a flurry of merger announcements in China's fragmented aviation industry since regulators urged consolidation, analysts say real progress in building strong carrier groups is still about two years away.
AAEI names John P. Simpson president The deputy assistant secretary for tariff and trade enforcement at Treasury will work to increase the group's advocacy role and member involvement.
Britain weighs tax cuts on fuel to assuage truckers The U.K. government is under mounting pressure to pledge tax cuts for truckers next week to avert a repeat of the blockades and slowdowns that paralyzed the country last month during Europe-wide protests over high fuel prices.
Port of Baltimore signs distribution agreement with Finnish paper manufacturers
AMR Research reports IT spending to rise 5% next year
China Shipping opens regional sales office in Houston
Containers pile up in Montreal as truckers protest for fifth day
TMM sinks into the red, despite gains in revenue
Mississippi River container hub takes step toward funding
American Airlines Cargo announces digital business partners
Jamaica looks to build a maritime foundation around new registry
FedEx Express inaugurates new bonded warehouse and station in Bermuda
Belgian logistics provider opens subsidiary in Bangladesh
$110 million financing for FGH Friede Goldman Halter, Inc today announced that it had completed a $110 million financing arrangement. The financing is a three-year commitment that includes a $70 million line of credit and a $40 million term loan.
Rolls-Royce, Northrop Grumman, and DCN team to produce new marine gas turbine Northrop Grumman and Rolls-Royce have signed an agreement with the French marine engineering company Direction des Constructions Navales (DCN) to market and produce the WR-21 marine gas turbine.
Class societies get last chance warning CLASS societies with poor reputations increasingly face being sidelined as the maritime industry takes tougher action to improve safety standards, a leading marine expert warned.
Neptune rising with first new ships deal GREECE'S Neptune Lines, the expanding Mediterranean car carrier operator, has broken new ground with an order for a series of up to four vehicle carriers from a Spanish shipbuilder.
Aker sale may scupper merger PROSPECTS of an oil-and-gas alliance between Aker Maritime and Kvaerner could evaporate today, pending a sale announcement on Aker Maritime's deepwater activities to French subsea oilfield service group Coflexip Stena Offshore.
Shell signs record China oil plant joint venture A $4.05bn contract signed between oil giants Shell Chemicals and China National Offshore Oil Corporation marks the biggest ever joint venture in China.
ABS under fire over $10m ruling US classification society the American Bureau of Shipping has been accused of being in default over payment of a $10m judgment made against it in July by lawyers representing the owner of the yacht Tag Heuer.
Rival bidders in running to buy Scandlines GERMAN-Danish ferry operator Scandlines AG is up for sale, with Hamburg businessman Horst Rahe reportedly offering to pay Dm800m to buy the group.
Cruising for a bruising Taking a cruise can be a risky thing. It is not that any passenger boarding a new super liner need have any fears for safety.
Exports surge as St Petersburg plans ahead GROWTH in Russian exports, and a rise in ocean carrier rates, have combined to boost cargo flow through St Petersburg port by 10% to September 30, the port marketing director told Lloyd's List. In the first nine months, the port processed just under 14m tons.
Wallenius Wilhelmsen Lines à la recherche de nouveaux hubs en Europe Un an et demi après la fusion, l’armement Wallenius Wilhelmsen Lines se porte bien, les résultats sont plus que satisfaisants. “Nous avons respecté le timing prévu”, a dit Ingar Skaug, président et CEO de la nouvelle compagnie lors d’un face à la presse donné mercredi dernier au QG du partenaire Wilhelmsen à Oslo, réunion à laquelle participaient plusieurs cadres impliqués, notamment Richard H Lawson, président de la division Inland Logistics, et E. Maurissen, managing director Belgian Branch qui gère le terminal de Zeebrugge.
ABX va acquérir Testud et Delagnes (via Dubois) Après le rachat de Dubois au début de cette année, ABX Logistics a annoncé jeudi à Paris le rachat de deux sociétés supplémentaires en France: Testud et Dealgnes. Ces acquisitions sont destinées à compléter la couverture de l’Hexagone en messagerie, Dubois n’arrivant à desservir de manière finement maillée que 50% du territoire. Ces deux entreprises de messagerie régionale couvrent le Sud-Est et le Centre-Ouest d’une part, et le Sud-Ouest de l’autre. Cinq sociétés devraient suivre dans les tous prochains jours. Par ailleurs, la direction de Dubois a annoncé lors de la conférence de presse que cette société s’appellera désormais ABX Logistics France. La filiale française d’ABX a l’intention de devenir un des trois plus grands réseaux de messagerie en France.
TAB nouvel opérateur rail/route en France Lors de la dernière édition SITL (Semaine Internationale du Transport & de la Logistique), la société TAB (Transports Auto Brunier) annonçait pour le 1er septembre l’ouverture d’une ligne quotidienne France/Italie en combiné rail/route. L’échéance initiale n’a pas été tenue pour des raisons diverses, mais le service démarre aujourd’hui. Deux caractéristiques importantes méritent d’être notées. D’une part, c’est en réalité le grand groupe Vivendi qui se lance sur ce marché. D’autre part, la SNCF (chemins de fer français) pourrait bien avoir des explications à fournir aux instances de Bruxelles.
De lourdes amendes planent au-dessus de Hutchinson et de l’Entreprise portuaire de Rotterdam La Commission européenne prépare des mesures contre Hutchinson et l’Entreprise portuaire communale de Rotterdam (GHR) pour ne pas avoir signalé à Bruxelles la reprise d’Europe Combined Terminals (ECT). Cette opération est obligatoire conformément à l’ordonance de concentration de l’UE. Cette ordonance offre la possibilité à la Commission d’imposer de lourdes amendes dans le cas où des parties omettent de signaler une concentration aux autorités européennes ou mettent en place une concentration sans l’approbation de la Commission.
Cosco (HK) exercises handymax options Hong Kong's largest ship owner has contracted further bulker newbuildings in Japan.
Lifeboat tragedy in Vancouver Three crewmen were killed when a lifeboat drill went tragically wrong.
UK Club sets 7.5% rate hike The largest of the P&I clubs decided on a lower than expected general increase as it elected Aleco Kairis (right) as chairman in succession to Nils-Gustaf Palmgren.
Losses narrow at Lisnave The Portuguese shipyard's nine-month results show an improvement from last year, but the company is still losing money.
Safari service to survive resignation of P&O Nedlloyd Safmarine and Maersk Sealand will continue the Safari container service between South Africa and Asia without P&O Nedlloyd, which is leaving in April.
Evergreen plans bond issue The Taiwanese liner giant plans to raise fresh funds to meet long-term capital needs and to repay debt.
Odfjell hires ex Jo Tankers chief Norwegian chemical tanker operator Odfjell is getting a new operations manager who is no stranger to the business.
TMM upbeat despite losses Mexico's shipping, ports and rail group Transportacion Maritima Mexicano has dipped into the red, but debt restructuring and a new chemical tanker contract should boost results in the long term.
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